Cryptocurrency news

• Non-Payment of Federal Income Tax on Cryptocurrency Earnings Leads to Conviction for South Florida Resident - Department of Justice

  03-10-2022 23:50 via justice.gov
  Non-Payment of Federal Income Tax on Cryptocurrency Earnings Leads to Conviction for South Florida Resident  Department of Justice
  
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• Treasury's financial stability watchdog warns cryptocurrencies could threaten safety of U.S. economy - CNBC

  03-10-2022 23:43 via cnbc.com
  Treasury's financial stability watchdog warns cryptocurrencies could threaten safety of U.S. economy  CNBC
  
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• a16z leads $40M raise for decentralized knowledge protocol

  03-10-2022 23:20 via cointelegraph.com
  Golden, which has now raised roughly $60 million in cumulative funding, also receives a16z general partner Ali Yahya to its board.
  
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• US Treasury recommends lawmakers decide which regulators will oversee crypto spot market

  03-10-2022 23:05 via cointelegraph.com
  “The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose.
  
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• Is Bitcoin ‘Uptober’ About To Begin? | BTCUSD Analysis October 3, 2022

  03-10-2022 22:25 via newsbtc.com
  In this episode of NewsBTC’s daily technical analysis videos, we review a variety of technical and fundamental signals on the Bitcoin price monthly chart to see if we are getting closer to a bottom in crypto.
  Take a look at the video below:VIDEO: Bitcoin Price Analysis (BTCUSD): October 3, 2022
  The monthly closed with a doji candle, which typically forms at a point of indecision before either a reversal, or strong continuation. Past monthly dojis have commonly preceded short- and long
  
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• A crumbling stock market could create profitable opportunities for Bitcoin traders

  03-10-2022 22:00 via cointelegraph.com
  U.S. tech giants are set to report their second quarter earnings throughout October, presenting a scenario that could possibly benefit Bitcoin.
  
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• Ethereum Price Squeezes Shorts Positions, ETH Could Be Set For More Gains

  03-10-2022 21:48 via newsbtc.com
  Ethereum is following the general sentiment in the market as Bitcoin and other cryptocurrencies make a run towards previous highs. The second cryptocurrency by market cap knocked some gains over today’s trading session but seems poised for a re-test of its lows before moving to the upside.
  At the time of writing, Ethereum (ETH) trades at $1,300 with a 2% profit in the last 24 hours and in the last week. Unlike in previous rallies, ETH’s price is lagging larger cryptocurrencies, such
  
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• Binance burns $1.8M in LUNC trading fees following community proposal

  03-10-2022 21:15 via cointelegraph.com
  According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC.
  
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• Quant Explains How US Stock Market Volumes Influence Bitcoin Price

  03-10-2022 21:00 via newsbtc.com
  A quant has explained how there is a connection between the recent trends in the US stock market volumes and the Bitcoin price.
  TradFi Depth Oscillator Has Hit A Low And Is Now Turning Back Up
  As explained by an analyst in a CryptoQuant post, the volume depth in traditional finance markets has been low recently.
  The “TradFi volume” is a measure of the total amount of transactions that buyers and sellers are making on the US stock market.
  There is a concept called “market depth,
  
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• Cathie Wood's ARK Invest to offer crypto strategies to investment advisors

  03-10-2022 20:15 via cointelegraph.com
  In partnership with Eaglebrook, the strategies will be offered to registered investment advisors.
  
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• Was the cryptocurrency Kim Kardashian promoted a pump and dump? Some investors think so - MarketWatch

  03-10-2022 19:59 via marketwatch.com
  Was the cryptocurrency Kim Kardashian promoted a pump and dump? Some investors think so  MarketWatch
  
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• Upside capped at $980B total crypto market, according to derivatives metrics

  03-10-2022 19:30 via cointelegraph.com
  A bearish formation in the total market capitalization chart has been gaining strength after two failures to break its resistance level.
  
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• Bitcoin price sets October high with $20K in reach as US stocks rally

  03-10-2022 19:15 via cointelegraph.com
  Traders say Bitcoin is overdue for a breakout, but are also keeping a lid on how optimistic they should be about a macro trend reversal.
  
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• Kim Kardashian Fined $1.26 Million Over Cryptocurrency Posts on Instagram - 22 Words

  03-10-2022 19:01 via twentytwowords.com
  Kim Kardashian Fined $1.26 Million Over Cryptocurrency Posts on Instagram  22 Words
  
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• LUNC Price Gains 50% Despite Kwon’s Troubles, What’s Driving It?

  03-10-2022 19:00 via newsbtc.com
  Over the last week, the crypto space has been saturated with news of the hunt for Terra (LUNC) founder Do Kwon. The South Korean founder is now being hunted by both South Korean authorities, as well as Interpol, which means Kwon is now wanted in 190 countries. However, Kwon’s troubles seem not to have affected the price of LUNA Classic (LUNC), as it continues to see green even when the broader market suffers losses.
  LUNA Classic Grows 50%
  Speculations around the performance of LUNA Classic
  
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• NYDIG raises $720M as Bitcoin balance hits all-time high

  03-10-2022 18:45 via cointelegraph.com
  An SEC filing reveals NYDIG’s intent to raise $720 million while a recent press release shows the company’s commitment to HODLing.
  
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• Cryptocurrency included in proposed cyber legislation amendment - SC Media

  03-10-2022 18:43 via scmagazine.com
  Cryptocurrency included in proposed cyber legislation amendment  SC Media
  
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• Kimberly Rosales explains how to securely store cryptocurrency assets - WebWire

  03-10-2022 18:42 via webwire.com
  Kimberly Rosales explains how to securely store cryptocurrency assets  WebWire
  
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• Chainlink Crosses $6.18 Trillion In Transaction Value – Will This Boost LINK Price?

  03-10-2022 18:40 via newsbtc.com
  The reception of Chainlink among crypto enthusiasts has been positive. The ecosystem’s transaction volume has surpassed $6 trillion, according to the project’s official Twitter account. Because of this rise, the number of native integrations in the ecosystem rose from 12 to 15.
  At this point, it appears that Chainlink may be en route to the proverbial moon. Shouldn’t a price increase coincide with improved metrics? No, not quite. The on-chain stats for LINK don’t loo
  
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• Your State Pension Is Now Gambling On Cryptocurrency - Forbes

  03-10-2022 18:37 via forbes.com
  Your State Pension Is Now Gambling On Cryptocurrency  Forbes
  
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• As Crypto Storage is Still a Major Problem, Can NFT integration Solve the Issue?

  03-10-2022 18:22 via newsbtc.com
  Now a trillion-dollar market, the crypto ecosystem has withered some of the toughest conditions within its period of existence. However, like any other technological innovation, it is not short of native challenges. This ‘lucrative’ market faces a myriad of shortcomings, including criticisms from regulators and long-standing financial institutions. But the most significant hurdles are currently attributed to the underlying infrastructures.
  In a recent interview during the Paris Block
  
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• XRP price could rally by 50% based off comments from a former SEC director

  03-10-2022 18:15 via cointelegraph.com
  XRP investors are hopeful that a potential court victory against the SEC could send the altcoin price at least 50% higher.
  
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• Japanese prime minister says gov't investment in digital transformation will include Metaverse, NFTs

  03-10-2022 18:01 via cointelegraph.com
  According to Fumio Kishida, the government of Japan's investment in digital transformation included issuing NFTs to local authorities using digital solutions.
  
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• Bitcoin Sees Bullish Opening, Can BTC Reclaim $20,000 Region?

  03-10-2022 17:50 via newsbtc.com
  The Bitcoin price has been able to hold its ground over the weekend, and it’s hinting at a potential bullish week for the nascent asset class. The cryptocurrency has been stuck in a tight range for the past month, unable to reclaim and flip the area north of $20,000 back to support.
  At the time of writing, Bitcoin (BTC) trades at $19,400 with a 2% profit in the last 24 hours and a 3% profit over the past week. In the crypto top 10, most cryptocurrencies are trading sideways or with small p
  
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• MetaMask Crypto Wallet Launched New Portfolio Manager Dapp. - The Coin Republic

  03-10-2022 17:30 via thecoinrepublic.com
  MetaMask Crypto Wallet Launched New Portfolio Manager Dapp.  The Coin Republic
  
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• Ethereum Sees Surge In Number Of New Addresses – Will ETH Shine This October?

  03-10-2022 16:46 via newsbtc.com
  The Ethereum Merge upgrade is expected to haul in more new users on the network which happens to be true with the surge of new active wallet addresses on the platform. Ethereum’s new active wallet addresses climb to a new ATH of 3,001.804
   ETH seen to spike in terms of social media engagements and mentions
   ETH price up by 0.46% as of press timeAccording to a Twitter post by Glassnode shared on October 2, the number of new active wallet addresses on the Ethereum network rece
  
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• Matt Homer, Cryptocurrency Investment Leader and Former Executive Deputy Superintendent of the Research and Innovation Division at the New York Department of Financial Services, Becomes Senior Advisor to Tusk Strategies’ Crypto + FinTech Practice - Yaho

  03-10-2022 16:40 via finance.yahoo.com
  Matt Homer, Cryptocurrency Investment Leader and Former Executive Deputy Superintendent of the Research and Innovation Division at the New York Department of Financial Services, Becomes Senior Advisor to Tusk Strategies’ Crypto + FinTech Practice  Yahoo Finance
  
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• What remains in the NFT market now that the dust has settled?

  03-10-2022 16:05 via cointelegraph.com
  From profile pictures to celebrity endorsements, NFT space has changed a lot since the market boom in 2021.
  
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• Bitcoin in El Salvador – One Year Later

  03-10-2022 15:40 via newsbtc.com
  It has been one year since Bitcoin became legal tender in El Salvador. Crypto adoption has not been without issues in El Salvador, but it’s difficult to weed through the different stories about Bitcoin because there are so many competing interests promoting or FUDing Bitcoin. This article will filter through the nonsense and describe how Bitcoin in El Salvador has panned out one year after it became legal tender.
  Why El Salvador Made Bitcoin Legal Tender
  El Salvador made Bitcoin legal tend
  
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• Bella Protocol Shows Strength, Can Bulls Break A Key Resistance?

  03-10-2022 15:12 via newsbtc.com
  BEL price creates more bullish sentiment as price struggles to break and hold above the daily 50 EMA 
  BEL looks more stable as bulls breakout of a descending triangle
  The price of BEL could face major resistance at $1 Bella Protocol (BEL) had a rocky start to the year, failing to live up to its initial hype. However, this could be set aside as the price has recently turned bullish against tether (USDT). Bella Protocol (BEL) has seen more of a downtrend than an upside in the bear marke
  
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• Bitcoin Lightning Network capacity strikes 5,000 BTC

  03-10-2022 15:09 via cointelegraph.com
  The growth in Bitcoin added to the layer-2 Lightning Network has electrified over the past year, hitting 4,000 Bitcoin less than four months ago.
  
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• Kim Kardashian pays SEC $1.26 million to settle EthereumMax charge

  03-10-2022 14:44 via cointelegraph.com
  The United States SEC charged the American celebrity and influencer for promoting a cryptocurrency asset security without disclosing payments received to her followers.
  
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• “We are committed to becoming a crypto bank for 7 billion people.” – Vladimir Kardapoltsev, CEO of PointPay

  03-10-2022 14:23 via newsbtc.com
  Digital banks are coming on the market – banks that allow you to open accounts, take out loans or send money in just a few minutes. But how does it work? We’ve interviewed the CEO of PointPay to figure out how your first crypto bank will try to challenge the traditional financial system.
  Q: Tell us about the PointPay ecosystem. What projects does it include, and what services does it provide? Who are your main clients?
  A: PointPay is a comprehensive service provider in the cryptocurr
  
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• Binance signs MoU with Kazakhstan to fight financial crime

  03-10-2022 14:12 via cointelegraph.com
  Binance claimed that its compliance infrastructure is among the best in the world which has helped them gain regulatory approval even in countries where they were deemed illegal until last year.
  
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• Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments – Exchanges Bitcoin News - Bitcoin News

  03-10-2022 13:33 via news.bitcoin.com
  Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments – Exchanges Bitcoin News  Bitcoin News
  
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• Cryptocurrency mining gives some rural Texas counties an economic boost - The Texas Tribune

  03-10-2022 12:00 via texastribune.org
  Cryptocurrency mining gives some rural Texas counties an economic boost  The Texas Tribune
  
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• Ether staking is too difficult, community members claim

  03-10-2022 11:28 via cointelegraph.com
  Some are arguing that it would be healthy to admit that Ether staking is not for everyone yet.
  
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• XDC Accelerates Network Expansion With LDA’s $50 M Investment

  03-10-2022 11:22 via newsbtc.com
  XinFin (XDC) Network, known for secure, scalable, and highly efficient blockchain use cases have received an investment worth $50 million from the global alternative investment group,  LDA Capital Limited. The investment originated by leveraging a portion of the token from the XDC founder’s allocation.
  Ritesh Kakkad and Atul Khekade, the co-founders of XDC Network, are certain that the collaboration will accelerate network adaption and real-world use cases. The LDA is seen as a strate
  
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• Litentry Breaks Out Of A Descending Triangle, Can Bulls Hit $1.2?

  03-10-2022 11:10 via newsbtc.com
  LIT price creates more bullish sentiment as price hold above daily EMA 
  LIT looks more stable as bulls breakout of a descending triangle
  The price of LIT could face major resistance at $1.2 Litentry (LIT) has had a rough start to the year, but that could be shelved aside as the price looks more bullish recently against tether (USDT). Litentry (LIT) price has seen more of a downtrend in the bear market than an upside with the price struggling to regain the bullish structure and has fai
  
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• BTC price still not at 'max pain' — 5 things to know in Bitcoin this week

  03-10-2022 09:44 via cointelegraph.com
  Bitcoin has plenty of obstacles to weather in the current macro storm as two-year weekly close lows remain inches away.
  
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• BTC price still not at ‘max pain’ — 5 things to know in Bitcoin this week

  03-10-2022 09:44 via cointelegraph.com
  Bitcoin has plenty of obstacles to weather in the current macro storm as two-year weekly close lows remain inches away.
  
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• TIDEFI Mainnet And DEX App Goes Live As TDFY Sunrise Pool Token Distribution Nears

  03-10-2022 09:12 via newsbtc.com
  Providing streamlined access to a comprehensive DeFi ecosystem will usher in the next generation of crypto users. TIDEFI wants to become that gateway into decentralized finance through its DEX and with one ecosystem asset. Moreover, the project appeals to market makers, traders, and builders, establishing a crucial foundation for Web3 development.
  Unfracturing DeFi Access
  In the current decentralized finance landscape, financial equality remains tricky to come by. More specifically, there are ma
  
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• What is the Next Cryptocurrency to Explode? Top 10 Contenders - Cryptonews

  03-10-2022 09:00 via cryptonews.com
  What is the Next Cryptocurrency to Explode? Top 10 Contenders  Cryptonews
  
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• Internet Crime Complaint Center (IC3) | Cryptocurrency Investment Schemes - Internet Crime Complaint Center(IC3)

  03-10-2022 09:00 via ic3.gov
  Internet Crime Complaint Center (IC3) | Cryptocurrency Investment Schemes  Internet Crime Complaint Center(IC3)
  
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• TA: Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,350

  03-10-2022 08:08 via newsbtc.com
  Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH retested $1,255 and remains at a risk of more losses.Ethereum started another decline after it failed to clear the $1,375 zone.
  The price is now trading below $1,320 and the 100 hourly simple moving average.
  There is a key bearish trend line forming with resistance near $1,300 on the hourly chart of ETH/USD (data feed via Kraken).
  The pair could decline sharply if it stays below the $1,350 level for a long tim
  
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• Robert Kiyosaki calls Bitcoin a ‘buying opportunity’ as US dollar surges

  03-10-2022 07:27 via cointelegraph.com
  The best-selling author of Rich Dad Poor Dad has tipped Bitcoin and two other commodities as buying opportunities, noting a U.S. dollar crash could occur by January.
  
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• Sam Bankman-Fried sheds light on how FTX would approach a Celsius bid

  03-10-2022 07:07 via cointelegraph.com
  The FTX founder said the company paid the “fair market price” for Voyager’s assets and would look to do the same in a deal for Celsius' assets.
  
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• TA: Bitcoin Price Keeps Struggling, What Could Trigger Another Downtrend

  03-10-2022 05:08 via newsbtc.com
  Bitcoin price is struggling to climb above the $20,000 resistance against the US Dollar. BTC could decline heavily if there is a close below the $18,500 support.Bitcoin remained in a range and stayed above the $19,000 support zone.
  The price is trading below $19,400 and the 100 hourly simple moving average.
  There was a break below a key bullish trend line with support near $19,350 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair could start a fresh decline if there is a
  
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• Top Cryptocurrency Prices Today October 3: Bitcoin, Ethereum fall; Binance gains - Moneycontrol

  03-10-2022 04:46 via moneycontrol.com
  Top Cryptocurrency Prices Today October 3: Bitcoin, Ethereum fall; Binance gains  Moneycontrol
  
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• DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins

  03-10-2022 04:37 via cointelegraph.com
  The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months.
  
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